Concord Medical Balance Sheet Health
Financial Health criteria checks 6/6
Concord Medical has a total shareholder equity of NT$671.5M and total debt of NT$35.0M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are NT$1.1B and NT$471.9M respectively. Concord Medical's EBIT is NT$58.0M making its interest coverage ratio -508.6. It has cash and short-term investments of NT$291.7M.
Key information
5.2%
Debt to equity ratio
NT$35.00m
Debt
| Interest coverage ratio | -508.6x |
| Cash | NT$291.68m |
| Equity | NT$671.48m |
| Total liabilities | NT$471.86m |
| Total assets | NT$1.14b |
Recent financial health updates
Recent updates
Here's Why Concord Medical (GTSM:6518) Can Manage Its Debt Responsibly
Apr 30
Are Dividend Investors Making A Mistake With Concord Medical Co., Ltd. (GTSM:6518)?
Mar 31The Trends At Concord Medical (GTSM:6518) That You Should Know About
Mar 03Here's How We Evaluate Concord Medical Co., Ltd.'s (GTSM:6518) Dividend
Dec 29Returns On Capital At Concord Medical (GTSM:6518) Paint An Interesting Picture
Nov 30
Financial Position Analysis
Short Term Liabilities: 6518's short term assets (NT$624.9M) exceed its short term liabilities (NT$278.2M).
Long Term Liabilities: 6518's short term assets (NT$624.9M) exceed its long term liabilities (NT$193.7M).
Debt to Equity History and Analysis
Debt Level: 6518 has more cash than its total debt.
Reducing Debt: 6518's debt to equity ratio has reduced from 27.1% to 5.2% over the past 5 years.
Debt Coverage: 6518's debt is well covered by operating cash flow (310%).
Interest Coverage: 6518 earns more interest than it pays, so coverage of interest payments is not a concern.